435823992024-01-012024-12-31435823992024-01-012024-12-311435823992024-01-012024-12-311435823992024-12-31435823992023-12-31fsa:ContributedCapitalMember435823992023-12-31fsa:RetainedEarningsMember435823992023-12-31fsa:ProposedDividendRecognisedInEquityMember435823992023-12-31435823992024-01-012024-12-31fsa:RetainedEarningsMember435823992024-01-012024-12-31fsa:ProposedDividendRecognisedInEquityMember435823992024-12-31fsa:ContributedCapitalMember435823992024-12-31fsa:RetainedEarningsMember435823992024-12-31fsa:ProposedDividendRecognisedInEquityMember435823992024-01-012024-12-31fsa:OtherShorttermPayablesMember435823992023-01-012023-12-31iso4217:DKKxbrli:pureThe Executive Board has today considered and approved the annual report of Double ApS for the financial year 01.01.2024 - 31.12.2024. 152561241695422The annual report is presented in accordance with the Danish Financial Statements Act.53528763429985In my opinion, the financial statements give a true and fair view of the Entity’s financial position at 31.12.2024 and of the results of its operations for the financial year 01.01.2024 - 31.12.2024.81553390I believe that the management commentary contains a fair review of the affairs and conditions referred to therein.9895093-1737953I recommend the annual report for adoption at the Annual General Meeting.3925653225Aalborg880098736102Esben Serup Thomsen9407560-2470830To the shareholders of Double ApS2072718-543583We have audited the financial statements of Double ApS for the financial year 01.01.2024 - 31.12.2024, which comprise the income statement, balance sheet, statement of changes in equity and ​notes, including a summary of significant accounting policies. The financial statements are prepared in accordance with the Danish Financial Statements Act. ​ ​In our opinion, the financial statements give a true and fair view of the Entity’s financial position at 31.12.2024 and of the results of its operations for the financial year 01.01.2024 - 31.12.2024 in accordance with the Danish Financial Statements Act.7334842-1927247We conducted our audit in accordance with International Standards on Auditing (ISAs) and additional requirements applicable in Denmark. Our responsibilities under those standards and requirements are further described in the "Auditor’s responsibilities for the audit of the financial statements" section of this auditor’s report. We are independent of the Entity in accordance with the International Ethics Standards Board for Accountants’ International Code of Ethics for Professional Accountants (IESBA Code) and the additional ethical requirements applicable in Denmark, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the IESBA Code. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.20000000Management is responsible for the preparation of financial statements that give a true and fair view in accordance with the Danish Financial Statements Act, and for such internal control as Management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, Management is responsible for assessing the Entity’s ability to continue as a going concern, for disclosing, as applicable, matters related to going concern, and for using the going concern basis of accounting in preparing the financial statements unless Management either intends to liquidate the Entity or to cease operations, or has no realistic alternative but to do so.5334842-1927247Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are ​free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes ​our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted ​in accordance with ISAs and the additional requirements applicable in Denmark will always detect a material ​misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, ​individually or in the aggregate, they could reasonably be expected to influence the economic decisions of ​users taken on the basis of these financial statements.​​​​As part of an audit conducted in accordance with ISAs and the additional requirements applicable in Denmark, ​we exercise professional judgement and maintain professional scepticism throughout the audit. We also:Identify and assess the risks of material misstatement of the financial statements, whether due to ​fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence ​that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a ​material misstatement resulting from fraud is higher than for one resulting from error, as fraud may ​involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.​Obtain an understanding of internal control relevant to the audit in order to design audit procedures ​that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the ​effectiveness of the Entity’s internal control.​Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates ​and related disclosures made by Management. ​Conclude on the appropriateness of Management’s use of the going concern basis of accounting in ​preparing the financial statements, and, based on the audit evidence obtained, whether a material ​uncertainty exists related to events or conditions that may cast significant doubt on the Entity’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to ​draw attention in our auditor’s report to the related disclosures in the financial statements or, if such ​disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence ​obtained up to the date of our auditor’s report. However, future events or conditions may cause the ​Entity to cease to continue as a going concern.​Evaluate the overall presentation, structure and content of the financial statements, including the disclosures ​in the notes, and whether the financial statements represent the underlying transactions and events in a manner that gives a true and fair view.We communicate with those charged with governance regarding, among other matters, the planned scope ​and timing of the audit and significant audit findings, including any significant deficiencies in internal control ​that we identify during our audit.1202420179Management is responsible for the management commentary. Our opinion on the financial statements does not cover the management commentary, and we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the management commentary and, in doing so, consider whether the management commentary is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. Moreover, it is our responsibility to consider whether the management commentary provides the information required by relevant law and regulations. Based on the work we have performed, we conclude that the management commentary is in accordance with ​the financial statements and has been prepared in accordance with the requirements in the relevant law and regulations. We did not identify any material misstatement of the management commentary.12024201791202420179Aalborg169009090René Winther Pedersen2543780701034mne341730544133State Authorised Public Accountant54456544831182Primary activitiesThe company's core activity is to offer consultancy services within the field of advertising and media. 248903436076349Description of material changes in activities and financesProfit for the year is DKK 7.3 million, reflecting an improvement compared to the previous year and aligning with management expectations.47414293620183This annual report has been presented in accordance with the provisions of the Danish Financial Statements Act governing reporting class B enterprises with addition of a few provisions for reporting class C.The accounting policies applied to these financial statements are consistent with those applied last year.296317729696532Recognition and measurementAssets are recognised in the balance sheet when it is probable as a result of a prior event that future economic benefits will flow to the Entity, and the value of the asset can be measured reliably. Liabilities are recognised in the balance sheet when the Entity has a legal or constructive obligation as a result of a prior event, and it is probable that future economic benefits will flow out of the Entity, and the value of the liability can be measured reliably. On initial recognition, assets and liabilities are measured at cost. Measurement subsequent to initial recognition is effected as described below for each financial statement item. Anticipated risks and losses that arise before the time of presentation of the annual report and that confirm or invalidate affairs and conditions existing at the balance sheet date are considered at recognition and measurement. Income is recognised in the income statement when earned, whereas costs are recognised by the amounts attributable to this financial year.296437969716711Gross profit or lossGross profit or loss comprises revenue, other operating income and external expenses.4000040000RevenueRevenue from the sale of services is recognised in the income statement when delivery is made to the buyer. Revenue is recognised net of VAT, duties and sales discounts and is measured at fair value of the consideration fixed.3319471-2015371Other operating incomeOther operating income comprises income of a secondary nature as viewed in relation to the Entity’s primary activities, including salary refunds.Other external expensesOther external expenses include expenses relating to the Entity’s ordinary activities, including expenses for ​​premises, stationery and office supplies, marketing costs, etc. 5359471-1975371Staff costsStaff costs comprise salaries and wages, and social security contributions, pension contributions, etc . for entity staff.97068550Depreciation, amortisation and impairment lossesDepreciation, amortisation and impairment losses relating to property, plant and equipment comprise depreciation, amortisation and impairment losses for the financial year, and gains and ​losses from the sale of property, plant and equipment.97068550Other financial incomeOther financial income comprises interest income, including interest income on receivables from group enterprises, net capital or exchange gains on securities, payables and transactions in foreign currencies, amortisation of financial assets, and tax relief under the Danish Tax Prepayment Scheme etc.166084161090Other financial expensesOther financial expenses comprise interest expenses, including interest expenses on payables to group ​enterprises, net capital or exchange losses on securities, payables and transactions in foreign currencies, ​amortisation of financial liabilities, and tax surcharge under the Danish Tax Prepayment Scheme etc.166084161090Tax on profit/loss for the yearTax for the year, which consists of current tax for the year and changes in deferred tax, is recognised in the income statement by the portion attributable to the profit for the year and recognised directly in equity by the portion attributable to entries directly in equity.77091657082186Property, plant and equipmentOther fixtures and fittings, tools and equipment are measured at cost less accumulated depreciation and impairment losses. Cost comprises the acquisition price, costs directly attributable to the acquisition and preparation costs of the asset until the time when it is ready to be put into operation. The basis of depreciation is cost less estimated residual value after the end of useful life. Straight-line depreciation is made on the basis of the following estimated useful lives of the assets:Useful life Other fixtures and fittings, tools and equipment3 years128930903017173ReceivablesReceivables are measured at amortised cost, usually equalling nominal value less writedowns for bad and doubtful debts.19740070Joint taxation contributions receivable or payableCurrent joint taxation contributions payable or joint taxation contributions receivable are recognised in the ​balance sheet, calculated as tax computed on the taxable income for the year, which has been adjusted for ​prepaid tax. For tax losses, joint taxation contributions receivable are only recognised if such losses are expected ​to be used under the joint taxation arrangement.14449111431083PrepaymentsPrepayments comprise incurred costs relating to subsequent financial years. Prepayments are measured at cost.2402117311530442CashCash comprises bank deposits.2418725711691532DividendDividend is recognised as a liability at the time of adoption at the general meeting. Proposed dividend for the financial year is disclosed as a separate item in equity. Extraordinary dividend adopted in the financial year is recognised directly in equity when distributed and disclosed as a separate item in Management's proposal for distribution of profit/loss.296437969716711Deferred taxDeferred tax is recognised on all temporary differences between the carrying amount and the tax-based value of assets and liabilities, for which the tax-based value is calculated based on the planned use of each asset. Deferred tax assets, including the tax base of tax loss carryforwards, are recognised in the balance sheet at their estimated realisable value, either as a set-off against deferred tax liabilities or as net tax assets.400006Other financial liabilitiesOther financial liabilities are measured at amortised cost, which usually corresponds to nominal value.-2015371true0Grundlag for konklusionKonklusion53348422025-03-2720000002025-03-27true400003396355633194712023-01-0120000002023-12-31Aalborg1 Staff costs2024 DKK2023 DKKWages and salaries4,822,0783,131,767Pension costs412,973239,458Other social security costs117,82558,7605,352,8763,429,985Average number of full-time employees969000926, 4. sal2 Depreciation, amortisation and impairment losses2024 DKK2023 DKKDepreciation of property, plant and equipment8,1553,3908,1553,390Østre Havnepromenade3 Other financial income 2024 DKK2023 DKKFinancial income from group enterprises28,1690Exchange rate adjustments25,5640Other financial income338,8323,225392,5653,225Deloitte Statsautoriseret Revisionspartnerselskab4 Other financial expenses2024 DKK2023 DKKFinancial expenses from group enterprises874,920691,178Other interest expenses3,3319,968Exchange rate adjustments034,434Other financial expenses1,847522880,098736,102Aalborg5 Tax on profit/loss for the year2024​DKK2023​DKKCurrent tax1,974,0070Change in deferred tax96,518550Adjustment concerning previous years2,1930Refund in joint taxation arrangement0(544,133)2,072,718(543,583)Aalborg6 Property, plant and equipmentOther fixtures and fittings, tools and equipment DKKCost beginning of year23,569Cost end of year23,569Depreciation and impairment losses beginning of year(3,390)Depreciation for the year(8,155)Depreciation and impairment losses end of year(11,545)Carrying amount end of year12,02490007 Non-current liabilities other than provisionsDue after more than 12 months 2024 DKKOutstanding after 5 years 2024 DKKOther payables166,084161,090166,084161,090Regnskabsklasse B8 Other payables2024 DKK2023 DKKVAT and duties813,410811,200Wages and salaries, personal income taxes, social security costs, etc. payable369,523304,384Holiday pay obligation261,978315,4991,444,9111,431,083Revisionspåtegning9 Contingent liabilitiesThe Entity participates in a Danish joint taxation arrangement where CEGO Holding ApS serves as the ​administration company. According to the joint taxation provisions of the Danish Corporation Tax Act, the Entity ​is therefore liable for income taxes etc for the jointly taxed entities, and for obligations, if any, relating to the ​withholding of tax on interest, royalties and dividend for the jointly taxed entities. The jointly taxed entities' total ​known net liability under the joint taxation arrangement is disclosed in the administration company's financial ​statements.2024-12-3110 Assets charged and collateralNone.2024-01-0111 Related parties with controlling interestCEGO A/S, Aalborg (parent company) CEGO Midco ApS, Aalborg (parent of CEGO A/S) CEGO Holding ApS (ultimate parent company)4112 Group relationsName and registered office of the Parent preparing consolidated financial statements for the largest group: CEGO Holding ApS, AalborgName and registered office of the Parent preparing consolidated financial statements for the smallest group: CEGO A/S, AalborgLauritzens PladsDouble ApS43582399339635562300 København SWeidekampsgade 6Deloitte Statsautoriseret RevisionspartnerselskabÅrsrapport2025-04-14Esben Serup Thomsen